A market participant has a view regarding the potential movement of a stock. he sells a customized over-the-counter put option on the stock when the stock is trading at $38. the put has an exercise pr
August 30, 2020
In acquiring funds to finance major projects, how should management choose from among the alternatives?
August 30, 2020
Show all

The treasurer of Yoda Inc. needs to estimate cash collections from accounts receivable for September, October, and November 2017.

1.                 The treasurer of Yoda Inc. needs to estimate cash collections from accounts receivable for September, October, and November 2017. Forty percent of the company’s customer’s pay in cash the rest are credit customers. The collection pattern for the credit customers is 20% in the month of the sale and 80% in the following month. They have zero uncollectible accounts. Estimated total sales are as follows:

 August           $70,000

Connect with a professional writer in 5 simple steps

Please provide as many details about your writing struggle as possible

Academic level of your paper

Type of Paper

When is it due?

How many pages is this assigment?

September      $80,000

October          $85,000

November      $90,000

a. What is Yoda’s cash collections for September, October, and November?

– September cash collections:

– October cash collections:

– November cash collections:

b. The accounts receivable balance at the end of November will be:

 

“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”

The post The treasurer of Yoda Inc. needs to estimate cash collections from accounts receivable for September, October, and November 2017. appeared first on Graduate Paper Help.

Looking for a Similar Assignment? Let us take care of your classwork while you enjoy your free time! All papers are written from scratch and are 100% Original.